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Macau VIP room gambling industry expected to be affected China has taken actions to investigate online gambling to help curb capital outflows, which has dealt a blow to the liquidity of Macau's casino VIP rooms. The industry pointed out that this investigation has dealt a blow to VIP business customers because customers have doubts about financing through gaming intermediaries. The report quoted Lin Jiguang, director of the Macau Gaming Intermediary Association, pointing out that the local VIP room business can never return to the revenue level of two years ago, unless the Chinese government can stop suppressing the VIP room business. The report also cited consulting companies that the Macau intermediary industry has been lingering for many years, and also cited the senior officials of Macau intermediary companies to point out that even though the Chinese government has not specifically targeted Macau's gaming industry itself, it has brought liquidity pressures for money launde...

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Payoneer Global Inc. Common Stock (NASDAQ:PAYO) went down by -3.62% from its latest closing price compared to the recent 1-year high of $14.50. The company’s stock price has collected 2.68% of gains in the last five trading sessions. Press Release reported on 07/20/21 that Payoneer Announces the Appointment of Two Additional Board Members Is It Worth Investing in Payoneer Global Inc. Common Stock (NASDAQ :PAYO) Right Now? Opinions of the stock are interesting as 3 analysts out of 4 who provided ratings for Payoneer Global Inc. Common Stock declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.” PAYO’s Market Performance PAYO stocks went up by 2.68% for the week, with a monthly drop of -10.97% and a quarterly performance of -5.05%. The volatility ratio for the week stands at 3.89% while the volatility levels for the past 30 days are set at 4.71% for Payoneer Global Inc. Common Stock. The simple moving average for the period of the ...

Payments regulation can feel like a new entrant on to the global scene, given the sheer number of headlines it has suddenly started turning up in over the last few years. But the truth of the matter, Payoneer Chief Operating Officer Keren Levy told Karen Webster in a recent conversation, is that what we are actually seeing is the second phase of payment orchestration taking off worldwide. Orchestration itself has been around for quite a while, but phase one was mostly invisible to most people, she noted. That’s because it was defined entirely by the in-house construction efforts of a handful of truly global industries, like airlines, that need to be able to smoothly move money through many jurisdictions. The second phase going on now, said Levy, is defined by the growing number of merchants that have gone global and digital over the last 18 or so months. They are now realizing they need more sophisticated global payment solutions and are looking for partners to help build it for them i...

Payoneer Global Inc. (“Payoneer” or the “Company”) (NASDAQ:PAYO), the commerce technology company powering payments and growth for the new global economy, today announced that Scott Galit, Chief Executive Officer, will be participating in a fireside chat at the Canaccord Genuity 41st Annual Growth Conference on Thursday, August 12, 2021 at 1:30 PM ET. Investors and interested parties can access the webcast and replay of the presentation by visiting the Company’s investor relations website at https://www.payoneer.com/investors/. About Payoneer Payoneer (NASDAQ:PAYO) is the world’s go-to partner for digital commerce, everywhere. From borderless payments to boundless growth, Payoneer promises any business, in any market, the technology, connections and confidence to participate and flourish in the new global economy. Since 2005, Payoneer has been imagining and engineering a truly global ecosystem so the entire world can realize its potential. Powering growth for customers ranging from asp...

Payoneer Payoneer provides customers with more and more value-added services. Customers can spend less time focusing on tedious tasks and spend more time on developing global business. For example, in India, Payoneer can provide free digital FIRC automatic generation and download services for sellers and service providers who pay worldwide. In this way, customers no longer need to spend time, money and energy, and easily get the comprehensive protection provided by Payoneer! What is FIRC? According to the Reserve Bank of India (RBI) and the Foreign Exchange Dealers Association of India (FEDAI), a digital FIRC (Proof of Foreign Inward Remittance) is a document that can be used as proof of foreign transfers to India. Many authorities use this document as evidence that individuals or businesses have received foreign currency payments from abroad. If you are a seller or service exporter, digital FIRC is an important document. When you sign up for Payoneer to receive your digital FIRC, you ...

Payoneer is a business payment method for cross-border e-commerce export sellers, foreign trade export manufacturers and various overseas businesses. It meets the needs of customers to directly pay for overseas advertising, logistics and other business expenses with revenue, and reduces customer operating costs. To put it bluntly, Payoneer customers directly use Payoneer's account balance to pay for overseas advertising, logistics and other business expenses, which is not only fast and convenient, but also can claim up to 0.5% of cash back rewards. Now, Payoneer's pay-as-you-go activity has been fully upgraded. Based on the original US dollar, it has launched multi-currency solutions such as Euros and British pounds. Pay new customers as you wish to participate in the event and enjoy up to 0.5% rebate. The quota is locked for a limited time! One service covers the four major payment scenarios for cross-border commerce Payoneer Xpress Pay supports almost all payment scenarios th...